This property is Off Market
With an average age of 31, households expect an average monthly mortgage payment of $1,200 or a weekly rent payment of $305. The average family earns a weekly income of $1,333 with a typical household size of 2.9 and a 94.74% employment rate.
In Woodridge there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Woodridge is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Woodridge leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Woodridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 9%)
Woodridge a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
09 / 100
32 / 100
Industry
29 / 100
32 / 100
Population
32 / 100
40 / 100
House Prices
42 / 100
63 / 100
Jobs
02 / 100
31 / 100
Incidents Trend State Average
Mabel Park State School
Slacks Creek, QLD, 4127 State Prep-6
Islamic College of Brisbane
Karawatha, QLD, 4117 Independent Prep-12
Woodridge State High School
Logan Central, QLD, 4114 State 7-12
St Paul's School
Woodridge, QLD, 4114 Independent Prep-6
Woodridge State School
Logan Central, QLD, 4114 State Prep-6
Logan City Special School
Logan Central, QLD, 4114 State Prep-12
Harris Fields State School
Woodridge, QLD, 4114 State Prep-6
Mabel Park State High School
Slacks Creek, QLD, 4127 State 7-12
Woodridge North State School
Woodridge, QLD, 4114 State Prep-6
Springwood Central State School
Springwood, QLD, 4127 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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